(p. 7) Major parts of the business plan include all of the following except:

DEFINITION OF ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Risk and Return Assessment
B	Marketing Plan
C	Financial Plan
D	Description of Business

Explanation:

Detailed explanation-1: -Business owners face a variety of business risks, including financial, compliance, cybersecurity, operational, and reputational. No company can avoid all risks, but they can take proactive measures to prepare without letting that stop them from seizing opportunities for growth.

Detailed explanation-2: -Longevity Risk. Inflation Risk. Sequence of Returns Risk. Interest Rate Risk. Liquidity Risk. Market Risk. Opportunity Risk. Tax Risk. 11-Jul-2018

Detailed explanation-3: -Security and fraud risk. Compliance risk. Operational risk. Financial or economic risk. Reputational risk. 16-Jun-2021

Detailed explanation-4: -strategic risk-eg a competitor coming on to the market. compliance and regulatory risk-eg introduction of new rules or legislation. financial risk-eg interest rate rise on your business loan or a non-paying customer. operational risk-eg the breakdown or theft of key equipment.

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP